Tennessee’s Appalachian Underwriters Acquires Business Insurance Center

October 29, 2008

Oak Ridge, Tenn.-based Appalachian Underwriters Inc. acquired the business insurance center assets of NFIB, from MSC Insurance Agency of Tennessee LLC.

NFIB is a small business association representing small and independent businesses.

The transaction consists of approximately 75 percent workers’ compensation policies.

AUI further expanded its’ nationwide capabilities into 1,500 additional independent insurance agencies, bringing their distribution network to over 13,000 active agency partners.

To assure a smooth transition, all NFIB carrier appointments will be transferred to AUI which expands the available markets
for all its agents. All NFIB fax and phone numbers, including extensions will roll to AUI.

Source: Appalachian Underwriters Inc.

Topics Mergers & Acquisitions Commercial Lines Business Insurance Underwriting Tennessee

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